About BankUnited (NYSE:BKU)
BankUnited, Inc. is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area. The Bank also provides a range of traditional banking products and services to both its commercial and retail customers. The Company offers a range of lending products, including small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and mortgage warehouse lines of credit, letters of credit and consumer loans. It offers traditional deposit products, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a range of terms and rates.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Retail & Mortgage Banks
- Sub-Industry: Regional Banks
- Symbol: NYSE:BKU
- CUSIP: 06652K10
- Web: www.bankunited.com
Capitalization:- Market Cap: $3.74 billion
- Outstanding Shares: 106,800,000
Average Prices:- 50 Day Moving Avg: $34.03
- 200 Day Moving Avg: $34.13
- 52 Week Range: $28.38 - $41.00
P/E:- Trailing P/E Ratio: 15.69
- Foreward P/E Ratio: 13.18
- P/E Growth: 1.06
Sales & Book Value:- Annual Revenue: $973.23 million
- Price / Sales: 3.85
- Book Value: $24.17 per share
- Price / Book: 1.45
Dividend:- Annual Dividend: $0.84
- Dividend Yield: 2.4%
Profitability:- Net Margins: 19.54%
- Return on Equity: 9.81%
- Return on Assets: 0.87%
Debt:- Debt-to-Equity Ratio: 1.92%
- Current Ratio: 0.96%
- Quick Ratio: 0.96%
Misc:- Average Volume: 742,020 shs.
- Beta: 1.1
- Short Ratio: 3.24
Frequently Asked Questions for BankUnited (NYSE:BKU)
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited declared a quarterly dividend on Tuesday, September 26th. Shareholders of record on Monday, October 16th will be given a dividend of $0.21 per share on Tuesday, October 31st. This represents a $0.84 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, October 13th. View BankUnited's Dividend History.
How were BankUnited's earnings last quarter?
BankUnited, Inc. (NYSE:BKU) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. The firm earned $269.48 million during the quarter, compared to analyst estimates of $258.47 million. BankUnited had a return on equity of 9.81% and a net margin of 19.54%. During the same quarter in the prior year, the business earned $0.52 EPS. View BankUnited's Earnings History.
When will BankUnited make its next earnings announcement?
Where is BankUnited's stock going? Where will BankUnited's stock price be in 2017?
10 brokerages have issued 1 year target prices for BankUnited's shares. Their predictions range from $35.00 to $46.00. On average, they expect BankUnited's share price to reach $40.82 in the next twelve months. View Analyst Ratings for BankUnited.
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include People's United Financial (PBCT), Cathay General Bancorp (CATY), Walker & Dunlop (WD), WSFS Financial Corporation (WSFS), Berkshire Hills Bancorp (BHLB), Virgin Money Holdings PLC (VM), Meta Financial Group (CASH), Ocwen Financial Corporation (OCN), Ellington Financial LLC (EFC), PennyMac Financial Services (PFSI), America First Multifamily Investors, L.P. (ATAX), First Bank (FRBA), Arbuthnot Banking Group Plc (ARBB), Porter Bancorp (PBIB), Walter Investment Management Corp. (WAC), Bank Of Kentucky Financial Corp (BKYF) and TSB Banking Group PLC (TSB).
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- John Adam Kanas, Chairman of the Board
- Rajinder P. Singh, President, Chief Executive Officer, Director
- Leslie N. Lunak, Chief Financial Officer
- Thomas M. Cornish, Chief Operating Officer
- Rishi Bansal, Chief Investment Officer
- Mark P. Bagnoli, Chief Risk Officer
- Jeffrey Starr, General Counsel
- Tere Blanca, Independent Director
- Eugene DeMark, Independent Director
- Michael J. Dowling, Independent Director
Who owns BankUnited stock?
BankUnited's stock is owned by many different of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (7.09%), Douglas Lane & Associates LLC (1.74%), Strs Ohio (1.08%), Skylands Capital LLC (0.08%), Neville Rodie & Shaw Inc. (0.07%) and Farmers & Merchants Investments Inc. (0.06%). Company insiders that own BankUnited stock include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Joseph Roberto, Mark Bagnoli and Rajinder P Singh. View Institutional Ownership Trends for BankUnited.
Who sold BankUnited stock? Who is selling BankUnited stock?
BankUnited's stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Skylands Capital LLC, Sit Investment Associates Inc. and Neville Rodie & Shaw Inc.. Company insiders that have sold BankUnited stock in the last year include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Joseph Roberto and Mark Bagnoli. View Insider Buying and Selling for BankUnited.
Who bought BankUnited stock? Who is buying BankUnited stock?
BankUnited's stock was bought by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, Strs Ohio and Farmers & Merchants Investments Inc.. View Insider Buying and Selling for BankUnited.
How do I buy BankUnited stock?
Shares of BankUnited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BankUnited stock can currently be purchased for approximately $35.06.
MarketBeat Community Rating for BankUnited (NYSE BKU)MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for BankUnited (NYSE:BKU) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.70) |
| Consensus Price Target: | $40.82 (16.42% upside) |
Consensus Price Target History for BankUnited (NYSE:BKU)
Analysts' Ratings History for BankUnited (NYSE:BKU)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/28/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Buy | $41.00 | Low |  |
| 7/12/2017 | Barclays PLC | Reiterated Rating | Overweight | $38.00 -> $41.00 | Low | |
| 7/10/2017 | Bank of America Corporation | Reiterated Rating | Buy | $46.00 | Low | |
| 7/7/2017 | BMO Capital Markets | Reiterated Rating | Hold | $40.00 | Low | |
| 7/6/2017 | Morgan Stanley | Reiterated Rating | Overweight | $40.00 -> $39.00 | Low | |
| 6/27/2017 | Wedbush | Reiterated Rating | Neutral | $35.00 | Low | |
| 4/29/2017 | Deutsche Bank AG | Reiterated Rating | Buy | $43.00 -> $42.00 | Low | |
| 4/26/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | $42.00 -> $39.00 | Low | |
| 2/14/2017 | Hovde Group | Upgrade | Market Perform -> Outperform | $44.00 | N/A | |
| 12/21/2016 | Stephens | Initiated Coverage | Overweight | $44.00 | N/A | |
| 11/30/2016 | FIG Partners | Reiterated Rating | Market-Perform | | N/A | |
| 7/22/2016 | Royal Bank Of Canada | Reiterated Rating | Outperform | $39.00 -> $37.00 | N/A | |
| 7/21/2016 | Sandler O'Neill | Downgrade | Buy -> Hold | $33.00 | N/A | |
| 5/26/2016 | Goldman Sachs Group, Inc. (The) | Downgrade | Sell | $34.00 | N/A | |
(Data available from 10/23/2015 forward)
Earnings History for BankUnited (NYSE:BKU)Earnings History by Quarter for BankUnited (NYSE BKU)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.59 | | | | | N/A | |
| 7/26/2017 | Q2 2017 | $0.56 | $0.60 | $258.47 million | $269.48 million | View | N/A | |
| 4/25/2017 | Q1 2017 | $0.56 | $0.57 | $260.46 million | $258.74 million | View | N/A | |
| 1/25/2017 | Q416 | $0.54 | $0.59 | $254.98 million | $256.80 million | View | Listen | |
| 10/20/2016 | Q316 | $0.53 | $0.47 | $246.33 million | $246.81 million | View | Listen | |
| 7/20/2016 | Q216 | $0.51 | $0.52 | $235.61 million | $243.17 million | View | Listen | |
| 4/20/2016 | Q116 | $0.52 | $0.51 | $227.71 million | $230.04 million | View | Listen | |
| 1/21/2016 | Q415 | $0.49 | $0.52 | $221.20 million | $232.25 million | View | Listen | |
| 10/21/2015 | Q315 | $0.49 | $0.50 | $210.54 million | $220.12 million | View | Listen | |
| 7/23/2015 | Q215 | $0.43 | $0.43 | $198.26 million | $202.04 million | View | Listen | |
| 4/23/2015 | Q115 | $0.44 | $0.44 | $185.97 million | $193.47 million | View | Listen | |
| 1/22/2015 | Q414 | $0.44 | $0.45 | $194.01 million | $190.55 million | View | Listen | |
| 10/23/2014 | Q3 | $0.44 | $0.51 | $185.00 million | $182.10 million | View | Listen | |
| 7/24/2014 | Q214 | $0.44 | $0.46 | $172.22 million | $186.36 million | View | Listen | |
| 4/24/2014 | Q114 | $0.44 | $0.53 | $172.35 million | $196.65 million | View | Listen | |
| 1/23/2014 | Q413 | $0.46 | $0.50 | $171.56 million | | View | Listen | |
| 10/22/2013 | Q313 | $0.46 | $0.52 | $174.16 million | | View | Listen | |
| 7/24/2013 | Q2 2013 | $0.43 | $0.52 | $172.11 million | $164.05 million | View | Listen | |
| 4/24/2013 | Q1 2013 | $0.45 | $0.47 | $176.61 million | $176.37 million | View | Listen | |
| 1/29/2013 | Q4 2012 | $0.48 | $0.61 | $171.95 million | | View | Listen | |
| 10/25/2012 | | $0.44 | $0.48 | | | View | N/A | |
| 7/25/2012 | | $0.44 | $0.48 | | | View | N/A | |
| 4/25/2012 | | $0.45 | $0.49 | | | View | N/A | |
| 1/25/2012 | | $0.39 | $0.41 | | | View | N/A | |
| 10/27/2011 | | $0.43 | $0.45 | | | View | N/A | |
| 7/27/2011 | | $0.44 | $0.44 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for BankUnited (NYSE:BKU)2017 EPS Consensus Estimate: $2.35
2018 EPS Consensus Estimate: $2.72
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.54 | $0.54 | $0.54 |
| Q2 2017 | 2 | $0.58 | $0.59 | $0.59 |
| Q3 2017 | 2 | $0.59 | $0.62 | $0.61 |
| Q4 2017 | 2 | $0.61 | $0.63 | $0.62 |
| Q1 2018 | 2 | $0.63 | $0.65 | $0.64 |
| Q2 2018 | 2 | $0.65 | $0.65 | $0.65 |
| Q3 2018 | 2 | $0.69 | $0.70 | $0.70 |
| Q4 2018 | 2 | $0.73 | $0.74 | $0.74 |
(Data provided by Zacks Investment Research)
Current Dividend Information for BankUnited (NYSE:BKU)| Next Dividend: | 10/31/2017 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 2.40% |
| Dividend Growth: | 10.10% (3 Year Average) |
| Payout Ratio: | 37.67% (Trailing 12 Months of Earnings)
35.59% (Based on This Year's Estimates)
31.58% (Based on Next Year's Estimates)
|
Dividend History by Quarter for BankUnited (NYSE BKU)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/26/2017 | Quarterly | $0.21 | 2.37% | 10/13/2017 | 10/16/2017 | 10/31/2017 |
| 6/30/2017 | quarterly | $0.21 | 2.49% | 7/12/2017 | 7/14/2017 | 7/31/2017 |
| 3/31/2017 | quarterly | $0.21 | 2.25% | 4/11/2017 | 4/13/2017 | 4/28/2017 |
| 12/28/2016 | Quarterly | $0.21 | 2.24% | 1/11/2017 | 1/13/2017 | 1/31/2017 |
| 9/29/2016 | quarterly | $0.21 | 2.81% | 10/13/2016 | 10/17/2016 | 10/31/2016 |
| 6/28/2016 | quarterly | $0.21 | 2.88% | 7/13/2016 | 7/15/2016 | 7/29/2016 |
| 3/25/2016 | quarterly | $0.21 | 2.43% | 4/13/2016 | 4/15/2016 | 4/29/2016 |
| 12/30/2015 | quarterly | $0.21 | 2.31% | 1/13/2016 | 1/15/2016 | 1/29/2016 |
| 9/17/2015 | quarterly | $0.21 | 2.33% | 9/29/2015 | 10/1/2015 | 10/15/2015 |
| 6/16/2015 | quarterly | $0.21 | 2.33% | 6/29/2015 | 7/1/2015 | 7/15/2015 |
| 3/17/2015 | quarterly | $0.21 | 2.54% | 3/30/2015 | 4/1/2015 | 4/15/2015 |
| 12/17/2014 | quarterly | $0.21 | 2.97% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 9/16/2014 | quarterly | $0.21 | 2.58% | 9/29/2014 | 10/1/2014 | 10/15/2014 |
| 6/9/2014 | quarterly | $0.21 | 2.48% | 6/27/2014 | 7/1/2014 | 7/15/2014 |
| 2/12/2014 | quarterly | $0.21 | 2.65% | 3/28/2014 | 4/1/2014 | 4/15/2014 |
| 12/23/2013 | quarterly | $0.21 | 2.55% | 1/7/2014 | 1/9/2014 | 1/23/2014 |
| 9/11/2013 | quarterly | $0.21 | 2.74% | 9/27/2013 | 10/1/2013 | 10/15/2013 |
| 6/21/2013 | quarterly | $0.21 | | | 7/5/2013 | 7/19/2013 |
| 3/14/2013 | quarterly | $0.21 | 3.38% | 3/27/2013 | 4/1/2013 | 4/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for BankUnited (NYSE:BKU)Insider Ownership Percentage: 5.10%
Institutional Ownership Percentage: 97.67%
Insider Trades by Quarter for BankUnited (NYSE:BKU)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/23/2017 | John Adam Kanas | Chairman | Sell | 78,190 | $33.18 | $2,594,344.20 | |
| 8/4/2017 | Jeffrey Starr | Insider | Sell | 7,445 | $35.08 | $261,170.60 | |
| 7/25/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $33.35 | $6,670,000.00 | |
| 7/24/2017 | John Adam Kanas | Chairman | Sell | 100,400 | $33.05 | $3,318,220.00 | |
| 6/26/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $32.65 | $6,530,000.00 | |
| 5/24/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $33.92 | $6,784,000.00 | |
| 5/23/2017 | John Adam Kanas | Chairman | Sell | 102,915 | $33.92 | $3,490,876.80 | |
| 3/2/2017 | Douglas J Pauls | Director | Sell | 11,200 | $40.60 | $454,720.00 | |
| 2/16/2017 | Joseph Roberto | Insider | Sell | 1,759 | $39.80 | $70,008.20 | |
| 2/14/2017 | Mark Bagnoli | Insider | Sell | 1,000 | $39.92 | $39,920.00 | |
| 1/30/2017 | John Adam Kanas | Chairman | Sell | 2,226,258 | $37.62 | $83,751,825.96 | |
| 12/12/2016 | Eugene F Demark | Director | Sell | 1,000 | $37.54 | $37,540.00 | |
| 12/12/2016 | Jeffrey Starr | Insider | Sell | 5,000 | $37.57 | $187,850.00 | |
| 11/8/2016 | Eugene F Demark | Director | Sell | 1,000 | $29.53 | $29,530.00 | |
| 9/15/2016 | Jeffrey Starr | Insider | Sell | 5,000 | $31.20 | $156,000.00 | |
| 7/29/2016 | Mark Bagnoli | Insider | Sell | 2,000 | $30.11 | $60,220.00 | |
| 3/8/2016 | Jeffrey Starr | Insider | Sell | 7,991 | $34.73 | $277,527.43 | |
| 2/9/2016 | Eugene F Demark | Director | Sell | 4,000 | $32.00 | $128,000.00 | |
| 2/3/2016 | Mark Bagnoli | Insider | Sell | 1,000 | $32.50 | $32,500.00 | |
| 12/11/2015 | Jeffrey Starr | Insider | Sell | 5,000 | $36.27 | $181,350.00 | |
| 12/7/2015 | Rajinder P. Singh | COO | Sell | 100,000 | $37.74 | $3,774,000.00 | |
| 12/1/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $37.41 | $37,410.00 | |
| 11/17/2015 | Eugene F Demark | Director | Sell | 5,000 | $37.81 | $189,050.00 | |
| 8/14/2015 | John Adam Kanas | CEO | Sell | 4,750 | $37.26 | $176,985.00 | |
| 8/14/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $37.21 | $37,210.00 | |
| 8/13/2015 | Lynne Wines | Director | Buy | 1,000 | $36.63 | $36,630.00 | |
| 8/13/2015 | Rajinder P Singh | COO | Sell | 3,368 | $37.01 | $124,649.68 | |
| 6/15/2015 | Jeffrey Starr | Insider | Sell | 1,000 | $35.60 | $35,600.00 | |
| 6/11/2015 | Leslie Lunak | CFO | Sell | 9,000 | $35.86 | $322,740.00 | |
| 4/29/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $33.26 | $33,260.00 | |
| 12/11/2014 | Jeffrey Starr | Insider | Sell | 5,000 | $28.29 | $141,450.00 | |
| 3/13/2014 | Leslie Lunak | CFO | Sell | 1,101 | $33.60 | $36,993.60 | |
| 3/7/2014 | Wilbur Ross, Jr. | Director | Sell | 3,131,307 | $33.15 | $103,802,827.05 | |
| 2/18/2014 | Wilbur Ross, Jr. | Director | Sell | 317,007 | $31.40 | $9,954,019.80 | |
| 2/11/2014 | John Adam Kanas | CEO | Sell | 150,000 | $31.32 | $4,698,000.00 | |
| 1/31/2014 | Wilbur Ross, Jr. | Director | Sell | 2,113,378 | $31.40 | $66,360,069.20 | |
| 11/8/2013 | Wilbur Ross, Jr. | Director | Sell | 250,388 | $29.82 | $7,466,570.16 | |
| 11/1/2013 | Wilbur L Ross Jr | Director | Sell | 2,377,551 | $29.82 | $70,898,570.82 | |
| 9/14/2012 | John Bohlsen | Insider | Sell | 61,067 | $24.74 | $1,510,797.58 | |
| 9/14/2012 | Richard S Lefrak | Director | Sell | 134,966 | $24.85 | $3,353,905.10 | |
| 9/6/2012 | John Bohlsen | Insider | Sell | 184,673 | $24.89 | $4,596,510.97 | |
(Data available from 1/1/2013 forward)
Headline Trends for BankUnited (NYSE:BKU)
Latest Headlines for BankUnited (NYSE:BKU)
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BankUnited (BKU) Chart for Monday, October, 23, 2017
